Hong Kong stocks fall at open while Tokyo shares close higher

MG News | January 29, 2019 at 11:48 AM GMT+05:00

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January 29, 2019 (MLN): Hong Kong stocks fell at the open on Tuesday, tracking a sell-off on Wall Street as investors fret about the impact of the global slowdown on corporate profits.

The Hang Seng Index shed 0.65 percent, or 179.42 points, to 27,397.54.

The benchmark Shanghai Composite Index slipped 0.18 percent, or 4.63 points, to 2,592.35 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 0.29 percent, or 3.87 points, to 1,311.12.

Meanwhile, Tokyo shares closed marginally higher on Tuesday after being dragged down by worries about the Chinese economy amid trade tensions with the United States.

The Nikkei 225 index edged up 0.08 percent, or 15.64 points, to end at 20,664.64 while the broader Topix index was up 0.10 percent, or 1.58 points, at 1,557.09.

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